Export of drilling, threading or tapping tools from Australia: Increase in 2016

Annual

1988 to
2016

US Dollar

The variable grew by 28.95% in 2016, refreshed numbers from United Nations Statistical Office demonstrate. Construction equipment export went up from 2 601 786 US Dollar in 2015 to 3 354 987 US Dollar prior year, contrarily to the previous year when it decreased by 56.41 percent. The overall changes for the prior 29 years hit an increase of 922.31%. Still it has attained a negative compound annual growth rate of 0.27 percent over the last five years with a slight overall raise since the 1988. It averaged 3 470 152.69 US Dollar from 1988 to 2016 and it reached its all-time high of 16 280 655 US Dollar in 2012 and record low of 101 820 US Dollar in 1993.